Wall Street analysts forecast that TransUnion (NYSE:TRU) will report earnings per share of $0.48 for the current quarter, according to Zacks. Seven analysts have made estimates for TransUnion’s earnings. The highest EPS estimate is $0.50 and the lowest is $0.47. TransUnion reported earnings per share of $0.44 in the same quarter last year, which suggests a positive year over year growth rate of 9.1%. The company is expected to announce its next earnings report on Tuesday, February 13th.
According to Zacks, analysts expect that TransUnion will report full-year earnings of $1.86 per share for the current year, with EPS estimates ranging from $1.85 to $1.88. For the next fiscal year, analysts expect that the firm will post earnings of $2.12 per share, with EPS estimates ranging from $2.05 to $2.26. Zacks’ EPS averages are an average based on a survey of analysts that cover TransUnion.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Friday, October 27th. The company reported C$0.49 EPS for the quarter, topping analysts’ consensus estimates of C$0.43 by C$0.06. The business had revenue of C$498.00 million for the quarter, compared to analysts’ expectations of C$475.52 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The business’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $0.38 EPS.
A number of equities research analysts have recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $50.00 price objective (up previously from $47.00) on shares of TransUnion in a research note on Wednesday, July 26th. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research note on Thursday, September 7th. SunTrust Banks, Inc. raised their price objective on shares of TransUnion to $64.00 and gave the stock a “buy” rating in a research note on Monday, October 30th. Cowen and Company reaffirmed a “buy” rating and set a $48.00 price objective on shares of TransUnion in a research note on Thursday, September 7th. Finally, BidaskClub raised shares of TransUnion from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. TransUnion has an average rating of “Buy” and an average target price of C$55.00.
Shares of TransUnion (NYSE:TRU) opened at C$53.40 on Monday. The company has a market cap of $9,739.52, a P/E ratio of 31.60, a PEG ratio of 3.13 and a beta of 0.62. TransUnion has a one year low of C$28.92 and a one year high of C$54.49. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.84 and a current ratio of 1.84.
In related news, CFO Todd M. Cello sold 4,110 shares of TransUnion stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of C$52.97, for a total value of C$217,706.70. Following the sale, the chief financial officer now owns 21,963 shares of the company’s stock, valued at approximately C$1,163,380.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Siddharth N. Mehta sold 65,000 shares of TransUnion stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of C$52.25, for a total transaction of C$3,396,250.00. Following the completion of the sale, the director now directly owns 33,389 shares in the company, valued at approximately C$1,744,575.25. The disclosure for this sale can be found here. Insiders sold a total of 3,929,969 shares of company stock worth $203,092,763 in the last three months. 2.10% of the stock is owned by corporate insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in TRU. Public Employees Retirement Association of Colorado boosted its stake in TransUnion by 138.6% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the company’s stock worth $174,000 after purchasing an additional 2,329 shares during the last quarter. ETRADE Capital Management LLC acquired a new stake in TransUnion during the 3rd quarter worth $204,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in TransUnion by 17.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the company’s stock worth $207,000 after purchasing an additional 694 shares during the last quarter. SG Americas Securities LLC acquired a new stake in TransUnion during the 2nd quarter worth $212,000. Finally, Alpine Global Management LLC acquired a new stake in TransUnion during the 2nd quarter worth $217,000.
COPYRIGHT VIOLATION WARNING: This story was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another site, it was stolen and reposted in violation of US & international copyright legislation. The original version of this story can be read at https://ledgergazette.com/2017/11/13/zacks-brokerages-anticipate-transunion-tru-will-post-earnings-of-0-48-per-share.html.
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.